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Energy Regulator signals European Commission over price moratorium

Photo: BGNES

The moratorium on electricity, heating and water prices is illegal and their sharp rise could have been prevented if the government temporarily reduced VAT on energy by up to 10%. This was what the chairman of the energy regulator Ivan Ivanov has told BNT. With a reduction in VAT electricity would have risen by 1% instead of 11% and heating - by 3%, instead of 13%.

Ivanov has sent a signal to the European Commission and expects a reaction to the moratorium. He dismissed accusations that the rise in prices in recent months was politically motivated. The regulator expects a sharp rise in prices after the moratorium is lifted.



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